The consumer price index increased 0.1% on a seasonally adjusted basis in March, in line with economists estimates, as year-over-year core inflation was the lowest in six years, the Labor Department reported yesterday.

Core prices, excluding food and energy costs, were unchanged in March following an unrevised 0.1% core increase in February. For the year ending in March, core prices increased 1.1%, the smallest increase since January 2004.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.